H.B. No. 5674 establishes the River Ranch Municipal Utility District No. 1 in Texas, granting it limited powers of eminent domain and the authority to issue bonds, impose assessments, fees, and taxes. The bill introduces Chapter 8004A to the Special District Local Laws Code, detailing the governance structure of the district, which will be overseen by a board of five elected directors. It also outlines the requirements for municipal consent prior to elections for the district's creation and director elections. The district is empowered to design, construct, and maintain road projects, with the ability to finance these initiatives through bond issuance, while imposing taxes and assessments within specified limitations.

The bill further details the addition of several new tracts of land in Williamson County, Texas, including Tracts 2 through 20, with precise legal descriptions and boundaries provided for each tract. Notably, it includes an amendment to Subchapter C, Chapter 8004A, stating that the district may not exercise the power of eminent domain, clarifying the limitations on its authority regarding property acquisition. The bill aims to facilitate accurate property management and development in the area, ensuring clear delineation of ownership and boundaries, and is set to take effect immediately upon a two-thirds vote or on September 1, 2025, if the necessary votes are not achieved.

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